Embry-Riddle Aeronautical University Selects TIAA-CREF as Sole Recordkeeper
Plan offers a robust investment menu as well as advice services to help employees plan for retirement
With TIAA-CREF’s sole recordkeeping model, Embry-Riddle employees can choose from a variety of investment options like fixed income, stable value options, annuities and equities. A more robust investment menu will give employees greater flexibility in designing a retirement plan that can help them pursue their financial objectives.
“We’re looking forward to continuing our strong relationship with TIAA-CREF through this new program,” said
The sole recordkeeping model will also allow the university to boost compliance with fiduciary requirements and alleviate the burden on administrative staff by streamlining benefits enrollment.
“The sole recordkeeping model provides a comprehensive approach to retirement planning by giving employees the power to manage their investment assets and seek advice along the way,” said
Through the new relationship, Embry-Riddle employees will have access to TIAA-CREF’s personalized advice service, where participants can meet independently with a financial consultant in person or via phone. Employees also can take advantage of TIAA-CREF’s suite of financial resources and tools, which are available online.
About TIAA-CREF
TIAA-CREF (www.tiaa-cref.org) is a national financial services organization with
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You should consider the investment objectives, risks, charges and expenses carefully before investing. Please call 877-518-9161 for current product and fund prospectuses that contain this and other information. Please read the prospectuses carefully before investing.
Investment, insurance and annuity products are not
TIAA-CREF products may be subject to market and other risk factors. See the applicable product literature, or visit www.tiaa-cref.org for details.
©2015 Teachers Insurance and Annuity Association-College Retirement Equities Fund,
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Source: TIAA-CREF
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